News

HMRC’s basis period reform, applicable from the 2023/24 tax year onwards, could affect businesses that pays tax via Self Assessment.

UK tax professionals have been quick to recognise the efficiency benefits of generative AI, according to a new report by Tolley.

India’s insolvency watchdog is seeking public comment on proposed change to the insolvency rules to make the process more streamlined and cost-effective.

A new report on how accountants can approach the sustainability-related challenges they face has been published by International Federation of Accountants (IFAC).

New estimated figures from HMRC for the ‘tax gap’ for 2022-23 show the gap at a record high in cash terms but at a record low as a share of the tax that should be collected.

Businesses need to change the way they respond to global risks if they want to stay competitive, according to a new report from accountancy and business advisory firm BDO.

HMRC is sending ‘nudge letters’ to small businesses that it suspects of misusing their till systems to evade paying tax on sales.

The accounting industry across the globe is facing an ‘existential’ skills crisis, with an ‘ever-widening chasm’ between increasing demand and the supply of labour.